X0306 4 2018-07-10 0 0000737207 Marina Biotech, Inc. MRNA 0001723420 Moscato Robert Jr. C/O MARINA BIOTECH, INC. 17870 CASTLETON STREET, SUITE 250 CITY OF INDUSTRY CA 91748 1 1 0 0 Chief Executive Officer Options to purchase common stock 0.66 2018-07-10 4 A 0 1500000 0 A 2028-07-10 common stock 1500000 1500000 D Options to purchase 250,000 shares of common stock are exercisable immediately, options to purchase 250,000 shares of common stock are exercisable on each of July 10, 2019, July 10, 2020 and July 10, 2021, options to purchase 250,000 shares of common stock shall vest on such date (if any) that the Issuer determines that the reporting person has earned the "2018 Revenue Bonus" (as defined in the Employment Agreement dated June 18, 2018 between the Issuer and the reporting person (the "Employment Agreement")), and options to purchase 250,000 shares of common stock shall vest on such date (if any) that the Issuer determines that the reporting person has earned the "2018 Stock Price Bonus" (as defined in the Employment Agreement). /s/ Robert C. Moscato, Jr. 2018-07-11